Surefield Expands from 3D Tours in Attack on Commissions

Surefield Expands from 3D Tours in Attack on Commissions

Surefield, the local 3D home tour brokerage launched in April by a pair of Redfin veterans and a former Nvidea tech wizard, is expanding their mission to attack buyer’s agent commissions… from the seller’s side. Here’s an excerpt from their press release: Surefield is dramatically lowering buy-side commissions to bring the U.S. residential real estate […]

Seattle Advisory Committee to Study Affordable Housing

Hat tip to the West Seattle Blog, who yesterday posted about a City of Seattle advisory committee on affordable housing. The city is gearing up to attempt to “develop a bold agenda for increasing the affordability and availability of housing in our city by convening a Housing Affordability and Livability Advisory Committee.” Here are some […]

Seattle & South King Sales Up as Eastside Sales Slip

Seattle & South King Sales Up as Eastside Sales Slip

It’s time once again to take an updated look at how King County’s sales are shifting between the different regions around the county, since geographic shifts can and do affect the median price. In order to explore this concept, we break King County down into three regions, based on the NWMLS-defined “areas”: low end: South […]

The Longest Pending Sale

The Longest Pending Sale

Does anyone remember the 13,000-square-foot Tacoma mansion I mentioned a few times on these pages back in 2011? After a series of price drops from $8 million, to $7 million, to $6.4 million, and eventually $5.4 million over the course of nearly three years on the market, it finally went pending. In June. Of last […]

October Reporting Roundup: Nothing New Edition

It’s time once again for the monthly reporting roundup, where you can read my wry commentary about the news instead of subjecting yourself to boring rehashes of the NWMLS press release (or in addition to, if that’s what floats your boat). To kick things off, here’s an excerpt from the NWMLS press release: Brokers say […]

NWMLS: Prices Sag as Sales Stay Strong

NWMLS: Prices Sag as Sales Stay Strong

October market stats were published by the NWMLS today. They haven’t published their press release to its typical location yet, so let’s just dive right into our usual monthly stats. CAUTION NWMLS monthly reports include an undisclosed and varying number ofsales from previous months in their pending and closed sales statistics. Here’s your King County […]